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Updated almost 8 years ago, 02/08/2017

User Stats

116
Posts
29
Votes
Franky Juwana
  • NY
29
Votes |
116
Posts

Should I do this flip? if not, why not?

Franky Juwana
  • NY
Posted

Hi all, 

   I have the opportunity to purchase this flip, Considering there's no lean against the property, I would do this flip with this calculation, it's owned by Real Estate Broker, 

Asking Price $216K

Estatimate Rehab $104K

ARV $305K-$310K

I used The FLip Calculator, for more detail, please click below, please let me know if I miss anything, the number mostly just a guesstimate, but I purposely made it bigger. 

Any input would be appreciate it. 

https://www.biggerpockets.com/calculators/shared/5...

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